Personal Information: Address, etc.; Professional Background; Teaching Experience
Selected Publications: Articles
Macroeconomics
Public Policy
The Insider-Outsider Theory
The Organization of Work
Employment and Unemployment
Economics of Imperfect Information
Miscellaneous
Books
Recently Completed, Unpublished Papers
Address
President's Department
Kiel Institute for the World Economy
Hindenburgufer 66
24105 Kiel
Germany
Tel: +49 431 8814 235 Fax: +49 431 8814 501
e-mail: dennis.snower@ifw-kiel.de
Homepage: http://www.uni-kiel.de/snowerPersonal
Date of Birth: 14 October, 1950
Marital status: married, two children
Citizenship: USAFields of Specialization
Macroeconomic theory, unemployment, inflation, macro fluctuations, macroeconomic policy.
Labor economics, wage and employment determination, employment policies.
Organizational change, theory of the firm, organization of work.
Microeconomic theory, information theory, imperfect competition, industrial organization, public economics.
Professional Affiliations
President, Institut für Weltwirtschaft (Kiel Institute for the World Economy), Kiel
Professor of Economics, Christian-Albrechts University, Kiel
Member of the "Akademie der Wissenschaften", Hamburg
Member of the Central Advisory Board, Commerzbank AG
Scientific Advisory Board, Institute for Advanced Studies, Vienna
Scientific Advisory Board, Nereus (Networked Economics Resources for European Scholars)
Member of the Global Agenda Council on Economic Imbalances, World Economic Forum
Member of the Global Agenda Council on the Skills Gap, World Economic Forum
Fellow, IZA (Institute for the Future of Work), Bonn
Fellow, CEPR (Centre for Economic Policy Research), London
Fellow, CESifo
EABCN (Euro Area Business Cycle Network)
American Economic Association
Econometric Society
Royal Economic Society
European Economic Association
Back to TopPROFESSIONAL BACKGROUND
Education
New College, Oxford University, 1968-71: BA 1971.
Princeton University, 1971-75: MA, 1973; PhD, 1975.Employment Record
1974-75 Teaching Assistant, Princeton University 1975-79 Assistant Professor, University of Maryland 1979-81 Assistant Professor, Institute of Advanced Studies, Vienna, Austria 1980-83 Lecturer, Birkbeck College, University of London 1983-88 Reader, Birkbeck College, University of London 1989-2004 Professor of Economics, Birkbeck College, University of London 1992-94 Chairman, Department of Economics, Birkbeck College 1991-98 Program Director, Human Resources, CEPR, London 1998-99 Program Director, Public Policy, CEPR, London 1999-2004 Program Director, Welfare State and Labor Markets, IZA, Bonn 2004 Program Director, Labor Markets and Institutions, IZA, Bonn 2004- present Professor of Economics, Christian-Albrechts University, Kiel 2004- present President, Institut für Weltwirtschaft (Institute for the World Economy), Kiel Selected Other Professional Experience
1975-78 Institute of Advanced Studies, Vienna, Austria (summers) 1988, 1990 Institute of Advanced Studies, Vienna, Austria (springs) 1983-89 Visiting Professor, Institute for International Economic Studies, University of Stockholm, Stockholm, Sweden (1 month per year) 1989 Visiting Professor, Department of Economics, European University Institute, San Domenico di Fiesole, Italy (autumn semester) 1985- present Research Fellow, CEPR, London 1991 Visiting Full Professor, Department of Economics, Columbia University, New York (autumn semester) 1992 Visiting Full Professor, Department of Economics, Dartmouth College, New Hampshire (summer) 1993-97 Core Member, Panel of Experts, Labor Market, HM Treasury 1996 Max Bogen Distinguished Visiting Professor, Department of Economics, Hebrew University of Jerusalem (autumn) 1999 Visiting Professor, European Commission, Directorate General II (spring) 2000 Visiting Professor, Department of Economics, University of Tel Aviv (April) 2002 Visiting Professor, Institute for Advanced Studies, Vienna, Austria (September) 2003 Visiting Expert, European Central Bank, Directorate General Research (summer) 2004-07 Member of the Supervisory Board, Allianz AG 2007- present Member of the Supervisory Board, Dresdner Bank AG Teaching Experience
Macroeconomics (graduate and undergraduate)
Microeconomics (graduate and undergraduate)
Labor economics (graduate and undergraduate)
Public policy (graduate and undergraduate)
Monetary economics (graduate and undergraduate)
International economics (graduate and undergraduate)
Economics of information (graduate)
Environmental economics (graduate)
SELECTED PUBLICATIONS: ARTICLES
Macroeconomics
"Phillips Curve and Unemployment Dynamics: A Critique and a Holistic Perspective", with Marika Karanassou and Hector Sala, Journal of Economic Surveys, 2010, 24(1), 1-51.
"Monetary Persistence and the labor market: A new perspective" with Wolfgang Lechthaler and Christian Merkl, Journal of Economic Dynamics & Control, 2010, 43(5), 968-983.
"Monetary Persistence, Imperfect Competition and Staggering Complementarities," with Christian Merkl, Macroeconomic Dynamics, 2009, 13(1), 81-106.
"Hyperbolic Discounting and the Phillips Curve", with Liam Graham, Journal of Money Credit and Banking, 2008, 40(2-3), 427-448.
"Increasing Returns to Scale and the Long-Run Phillips Curve," with Andrea Vaona, Economic Letters, 2008, 100(1), 83-86.
"Long-run inflation-unemployment dynamics: The Spanish Phillips curve and economic policy", with Marika Karanassou and Hector Sala, Journal of Policy Modeling, 2007.
"A Reappraisal of the Inflation-Unemployment Tradeoff," with Marika Karanassou and Hector Sala, European Journal of Political Economy, 2005, 21(1), 1-32.
"The European Phillips Curve: Does the NAIRU Exist?" with Marika Karanassou and Hector Sala, Applied Economics Quarterly, 2003, 49(2), 93-121.
"Price Dynamics and Production Lags," with Assar Lindbeck, American Economic Review, May, 1999, 89(2), 81-88.
"How are Product Demand Changes Transmitted to the Labor Market?" with Assar Lindbeck, Economic Journal, 1994, 104 (423), 386-398.
reprinted in: Readings in Macroeconomics, ed. by Tim Jenkinson, Oxford: Oxford University Press, 1996.
"Rational Expectations, Non-linearities and the Effectiveness of Monetary Policy," Oxford Economic Papers, 1984, 36, 177-199.
"Imperfect Competition, Underemployment and Crowding Out," Oxford Economic Papers, 1983, 35, 245-70;
reprinted in: The Causes of Unemployment, ed. by C.A. Greenhalgh, R.R.G. Layard and A.J. Oswald, Oxford: Oxford University Press, 1983;
reprinted in: Macroeconomics and Imperfect Competition, ed. by Jean-Pascal Benassy, Edward Elgar, 1995;
reprinted in: The International Library of Critical Writings in Macroeconomics and Imperfect Competition, ed. by Jean-Pascal Bénassy, Edward Elgar, 1995.
"Economic Planning and Intersectoral Fiscal Policies," Journal of Economic Issues, 1980, 14(2), June.
Public Policy
“Institutions and Training Inequality,” with Wolfgang Lechthaler, forthcoming, European Journal of Political Economy
“Globalization and the Welfare State,” with Alessio Brown and Christian Merkl, 2009, Journal of Economic Literature, 47:1, 136-158.
“Minimum Wages and Training,” with Wolfgang Lechthaler, Labour Economics, 2008, 15(6), 1223-1237.
"How Should Disability Benefits Be Structured?" in Transforming Disability Welfare Policies, ed. by Bernd Marin, Christopher Prinz, and Monika Queisser, Ashgate, 2004, 247-253.
"Designing Employment Subsidies," with J. Michael Orszag, Labour Economics, 2003, 10(5), October, 557-572.
"Health Accounts and Other Welfare Accounts," with Stefan Folster, Robert Gidehag, and J. Michael Orszag, Journal for Institutional Comparisons, 2003, 1(3), 9-14.
"Assessing Welfare Accounts," with Stefan Folster, Robert Gidehag, and J. Michael Orszag, Alternatives for Welfare Policy: Coping with Internationalisation and Demographic Change, ed. by Torben Andersen and Per Molander, Cambridge: Cambridge University Press, 2003, p. 255-275.
"Incapacity Benefits and Employment Policy," with J. Michael Orszag, Labour Economics, 2002, 9(5), 631-641."The Effectiveness of Employment Vouchers: A Simple Approach," with J. Michael Orszag, German Economic Review, 2000, 1(4), 385-419.
"Creating Employment Incentives," in Innovative Employment Initiatives, ed. with Bernd Marin and Daniele Meulders, Ashgate, 2000.
"Privatizacion de los sistemas de prestacion de subsidios y servisios en el mercado laboral," in Las Estructuras del Bienestar en Europa, ed. by Santiago Munoz Machado, Jose Luis Garcia Delgado, and Luis Gonzalez Seara, Escuela Libre Editorial, 2000, 625-656.
"Revenue-Sharing Subsidies as Employment Policy," in Employment Policy in Transition: The Lessons of German Integration for the Labor Market, ed. with Regina Riphahn and Klaus Zimmermann, Berlin: Springer, 2000.
"Causes of Changing Earnings Inequality," in Income Inequality: Issues and Policy Options, Federal Reserve Bank of Kansas City, 1999.
"Youth Unemployment and Government Policy" with J. Michael Orszag, Journal of Population Economics, 1999, 12(2), 197-213.
"A Manifesto on Unemployment in the European Union," by Jean-Paul Fitoussi, Franco Modigliani, Beniamino Moro, Dennis J. Snower, and Robert Solow, Banco Nazionale del Lavoro Quareterly Review, 1998, 206, Sep, 1-35.
"Anatomy of Policy Complementarities" with J. Michael Orszag, Swedish Economic Policy Review, 1998, 5(2), 303-345.
"The Socio-Economic Framework for Competitiveness," in Future Competitiveness of Europe, ed. by Patrick Darlap and Heinz Handler, European Academy of Excellence, Vienna, 1998.
"A Continuum Approach to Unemployment Policy" with J. Michael Orszag, in Contemporary Economic Issues: Macroeconomics and Finance, ed. by Holger C. Wolf, London: Macmillan, 1998, 157-169.
"Policy Complementarities: The Case for Fundamental Labor Market Reform" with David T. Coe, IMF Staff Papers, 1997, 44(1), Mar, 1-35.
"Expanding the Welfare System" with J. Michael Orszag, European Economy, 1997, 4, 101-118.
"Challenges to Social Cohesion and Approaches to Policy Reform," with W. Michalski, R. Lawrence, H. Lepage, and C. Offe, in Societal Cohesion and the Globalising Economy, OECD, 1997, 39-60.
"Does the Free Market Produce Enough Skills?" with A. Booth, in Acquiring Skills, ed. with Alison Booth, Cambridge: Cambridge University Press, 1996, 1-16.
"The Low-Skill, Bad-Job Trap," in Acquiring Skills, ed. with Alison Booth, Cambridge: Cambridge University Press, 1996, 109-124.
"The Gathering Storm: Unemployment and Mismatch in an Integrated Europe," in Social Protection and the European Economic and Monetary Union, ed. by Jozef Pacolet, Avebury, 1996, 109-122.
"Government Policy to Promote the Acquisition of Skills," in Acquiring Skills, ed. with Alison Booth, Cambridge: Cambridge University Press, 1996, 335-349.
"The Simple Economics of Benefit Transfers," in Unemployment Policy, ed. with Guillermo de la Dehesa, Cambridge University Press, 1996, 163-198.
"The Modern Welfare State: Problems and Suggested Reforms," Empirica, 1996, 23, 207-226.
"Unemployment Benefits: An Assessment of Proposals for Reform", International Labour Review, 1995, 134 (4-5), 625-647.
"Evaluating Unemployment Policies: What Do the Underlying Theories Tell Us?" Oxford Review of Economic Policy, 1995, 11(1), 110-135;
reprinted in: Staff Studies for the World Economic Outlook , International Monetary Fund, Washington, D.C., 1995, Sep, 71-91.
"Converting Unemployment Benefits into Employment Subsidies," American Economic Review, 1994, 84(2), 65-70.
"What is the Domain of the Welfare State?" Rivista di Politica Economica, 1994, 9, 13-40.
Italian translation: "I Problemi del Welfare State," Rivista di Politica Economica, 1994, 11(3), Nov, 13-42.
"The Future of the Welfare State," Economic Journal, 1993, 103, May, 700-717.
The Insider-Outsider Theory
"Can Insider Power Affect Employment?" with Pilar Diaz-Vazquez, German Economic Review, 2003, 4(2), 139-150.
"Insiders versus Outsiders," with Assar Lindbeck, Journal of Economic Perspectives, 2001, Vol. 15 (1), Winter, 165-188.
"Insider-Outsider Relations and the Distribution of Income," Wirtschaft und Gesellschaft, 1993, 19(4), 461-469.
"Interactions between the Efficiency Wage and Insider-Outsider Theory," with Assar Lindbeck, Economics Letters, 1991, 37(2), Oct., 193-6.
"Do Cooperation and Harassment Explain Involuntary Unemployment?" with Assar Lindbeck, American Economic Review, 1990, 80(3), June, 167-188.
"Job Security, Employment and Wages: Comment," European Economic Review, 1990, 34(4), June, 881-886.
"Inter-industry Wage Structure and the Power of Incumbent Workers" with Assar Lindbeck, in Labour Relations and Economic Performance, ed. by Renato Brunetta and Carlo Dell'Aringa, London: Macmillan Press, 1990, 378-390.
"Macroeconomic Policy and Insider Power" with Assar Lindbeck, American Economic Review, 1989, 79(2), 370-376.
"Job Security, Work Incentives and Unemployment with Assar Lindbeck, Scandinavian Journal of Economics, 1988, 90(4), 454-474;
reprinted in: Information and Incentives in Organizations, ed. by Seppo Honkapohja, Oxford: Basil Blackwell, 1989, 191-212.
"Long-term Unemployment Equilibrium and Aggregate Demand", with Assar Lindbeck, American Economic Review, 1988, 78(2), 38-43.
"Cooperation, Harassment and Involuntary Unemployment" with Assar Lindbeck, American Economic Review, 1988, 78(1), March , 167-188;
reprinted in: Implicit Contract Theory, ed. by Sherwin Rosen, Edwin A. and Betty L. Bergman, Edward Elgar,1995;
reprinted in: Macroeconomics and Imperfect Competition, ed. by Jean-Pascal Benassy, Edward Elgar, 1995;
reprinted in: The International Library of Critical Writings in Macroeconomics and Imperfect Competition, ed. by Jean-Pascal Bénassy, Edward Elgar, 1995;
reprinted in: The Economics of Unemployment, ed. by P.N. Junankar, Edward Elgar, International Library of Critical Writings in Economics, 2000.
"Strike and Lock-out Threats and Fiscal Policy" with Assar Lindbeck, Oxford Economic Papers, 1987, 39, Dec., 760-84.
"Efficiency Wages versus Insiders and Outsiders" with Assar Lindbeck, European Economic Review, 1987, 31, Feb., 407-16;
reprinted in: Estudios de Economia, "Salarios de Eficiencia versus Insiders-Outsiders", 1987, 14(1), June.
"Union Activity, Unemployment Persistence and Wage-Employment Ratchets" with Assar Lindbeck, European Economic Review, 1987, 31, Feb, 157-67;
reprinted in: Unemployment, Hysteresis, and the Natural Rate Hypothesis, ed. by Rod Cross, Oxford: Blackwell, 1988.
"Wage Setting, Unemployment and Insider-Outsider Relations" with Assar Lindbeck, American Economic Review, 1986, 76(2), 235-9.
"Wage Rigidity, Union Activity and Unemployment" with Assar Lindbeck, in Wage Rigidity and Unemployment, ed. by W Beckerman, Duckworth and Johns Hopkins Press, 1986.
"Insiders and Outsiders in Wage Determination: a Note," Scandinavian Journal of Economics, 1985, 87(2), 432-35;
reprinted in: Trade Unions, Wage Formation and Macroeconomic Stability, ed. by L. Calmfors and H Horn, London: Macmillan, 1986.
The Organization of Work
"Centralized Bargaining and Reorganized Work: Are They Compatible? " with A. Lindbeck, European Economic Review, 2001, 45, 1851-1875;
reprinted in: Institutions and Wage Formation in the New Europe, ed. by Gabriel Fagan, Francesco Paolo Mongelli, and Julian Morgan, Edward Elgar, 2003.
"Multi-task Learning and the Reorganization of Work" with Assar Lindbeck, Journal of Labor Economics, 2000, 18(3), 353-376.
"The Organizational Revolution and Its Implications for Job Creation," in Job Creation: The Role of Labour Market Institutions, ed. by Jordi Gual, London: Edward Elgar, 1998, 49-70.
"Reorganization of Firms and Labor Market Inequality" with Assar Lindbeck, American Economic Review, 1996, 86(2), 315-321.
Employment and Unemployment
"The Evolution of Inflation and Unemployment: Explaining the Roaring Nineties", with Marika Karanassou and Hector Sala, Australian Economic Papers, 2008, 47(4), 334-354.
"Escaping The Unemployment Trap: The case of East Germany", with Christian Merkl, Journal of Comparative Economics, 2008, 36(4), 542-556.
"Unemployment Accounts and Employment Incentives" with Alessio Brown and Michael Orszag, 2008, European Journal of Political Economy, 24(3), 587-604.
“Beschäftigungskonten für Deutschland,” with Alfred Boss and Alessio Brown, Perspektiven der Wirtschaftspolitik, 2008, 9(2), 139-155.
"East German Unemployment: The Myth of the Irrelevant Labor Market", with Christian Merkl, 2008, Journal of Post Keynesian Economics, 31(1), 151-166.
"Mindestlöhne und Humankapital", with Wolfgang Lechthaler, 2008, ifo Schnelldienst.
"The Macroeconomics of the Labor Market: Three Fundamental Views," with Marika Karanassou and Hector Sala, Portuguese Economic Journal, 2007, 6(3), 151-180.
"Einstellungsgutscheine effektiver als Kombilöhne", with Alessio Brown and Christian Merkl, ifo Schnelldienst, 2007, 60(4), 37-41.
"The Caring Hand that Cripples: The East German Labor Market after Reunification," with Christian Merkl, American Economic Review, May, 2006, 96(2), 375-382.
"On-the-Job Learning and the Effects of Insider Power," with Pilar Diaz-Vazquez, Labour Economics, 2006, 13(3), 317-341.
"On-the-Job Learning, Firing Costs, and Employment," with Pilar Diaz Vazquez, Contributions to Economic Analysis & Policy, Berkeley Electronic Press, 2005, 4(1).
"Labor Market Institutions and Macroeconomic Shocks," with Yu-Fu Chen and Gylfi Zoega, Labour, Review of Labour Economics & Industrial Relations, 2003, 17(2), June, 247-271.
"Unemployment Invariance," with Marika Karanassou, German Economic Review, 2004, 5(3), Aug, 297-318.
"Unemployment in the European Union: A Dynamic Reappraisal," with Marika Karanassou and Hector Sala, Economic Modelling, 2003, 20(2), 237-273.
"Adjustment Dynamics and the Natural Rate" with Brian Henry and Marika Karanassou, Oxford Economic Papers, 2000, 52, 178-203."How Labor Market Flexibility Affects Unemployment: Long-Term Implications of the Chain Reaction Theory" with Marika Karanassou, Economic Journal, 1998, 108, May, 832-849.
"Is the Natural Rate a Reference Point?" with Marika Karanassou, European Economic Review, 1997, 41, 559-569.
"Explaining the Movement of European Unemployment" with B. Henry, in Economic Policies and Unemployment Dynamics in Europe, ed. by Brian Henry and Dennis J. Snower, Washington, D.C.: International Monetary Fund, 1996.
"Why People Don't Find Work," in Is It Worth Working? ed. by Alex Bryson and Stephen McKay, London: Policy Studies Institute, 1994.
"The Extent of High Unemployment in OECD Countries: A Comment," in Reducing Unemployment: Current Issues and Policy Options, Federal Reserve Bank of Kansas City, 1994, 41-48.
"Explaining Disparities in European Unemployment Dynamics" with Marika Karanassou, Rivista di Politica Economica, 1993, 11, Nov, 37-62.
"Symmetric and Asymmetric Persistence of Labor Market Shocks," with D. Begg, A. Lindbeck, and C. Martin, Journal of the Japanese and International Economies, 1989, 3(4), Dec, 554-577.
"Explanations of Unemployment" with Assar Lindbeck, Oxford Review of Economic Policy, 1985, 1(2), 34-59.
Economics of Imperfect Information
"Unemployment through 'Learning from Experience'" with Steve Alpern, in Issues in Contemporary Economics, ed. by Marc Nerlov, International Economic Association, London: Macmillan, 1991, 42-74.
"A Search Model of Optimal Pricing and Production" with Steve Alpern, Engineering Costs and Production Economics, 1988, 15, 279-285.
"'High-Low Search' in Product and Labor Markets" with Steve Alpern, American Economic Review, 1988, 78(2), 356-362.
Miscellaneous
"Ideas for a New Financial Architecture", 2009, 37. Volkswirtschaftliche Tagung der Österreichischen Nationalbank.
"Improving the Quality of Economic and Fiscal Policy in Europe", Economic Policy Committee in Potsdam, ed. by the Federal Ministry of Finance, 26/27 June 2008
"The Global Division of Labour: Economic and Business Prospects " Plenarreferat 36. St.Gallen Symposium, 2006, Sammelband " Inspiring Europe ", S.131-138.
“Geldpolitik im Spannungsfeld von Beschäftigung und Preisstabilität,” in: Wege zu nachhaltigem Wachstum, Beschäftigung und Stabilität, ed. by Heinz Putzhammer, Düsseldorf: edition der Hans Böckler Stiftung, 2006.
"Globalization Challenges for the Euro Area", in Globalization: Opportunities and Challenges for the World, Europe and Austria, hrsg. von der Oesterreichischen Nationalbank im Rahmen der 34. Volkwirtschftlichen Tagung 2006, Wien, 112-121.
"Does EU Enlargement Imply a 'Race to the Bottom' in EU Labour Markets?" in Labour Supply and Incentives to Work in Europe, ed. by Ramón Gómez-Salvador et al., Cheltenham: Edward Elgar, 2005.
"Es geht günstiger," Financial Times Deutschland, 2004, 26 May, 34.
"Conversation with Professor Dennis J. Snower," in The Current State of Macroeconomics: Leading Thinkers in Conversation, ed. by Carlos Usabiago Ibanez, London: Macmillan Press, 1999.
"The New Deal," in The New Deal, Education and Employment Committee, 2nd Report, II, House of Commons, Nov, London: HMSO, 1997, 108-117.
"Reforming Incentives to Cut Unemployment," Employment Policy Institute Economic Report, 1996, 10(7).
"Situation Vacant: A Decent Policy for Jobs," Independent, 1997, 4, 27 April.
"Three Diseases that Could Kill the Welfare to Work Initiative," The Guardian, 1997, 11 August.
"Benefit Transfers: A Cost-Effective Route from Welfare to Work," with J. Michael Orszag, Economic Outlook, LBS Centre for Economic Forecasting, 1996, 21(4), August, 18-21.
"Can We Afford the Welfare State?", Spanish translation: "Podemos Costearnos el Estado del Bienestar? ICE Revista de Economia , 1994, No. 736, Dec., 91-97.
"The European Employment Problem," in Growth, Competitiveness and Employment in the European Community, Select Committee on the European Communities, House of Lords, London: HMSO, 1994, April.
"Trading the Dole for Jobs," European Brief, 1994, 1(6), 68, July-Aug.
"Ecco il buono per chi assume," Il Sole 24 Ore, 1994, 16 July, 7.
"Una Propuesta para Reducir il Desempleo de Larga Duracion" with Guillermo de la Dehesa, ICE Buletin Economico, 1994, 28 Feb, 525-528.
"Getting the Benefit out of a Job," Financial Times, 1993, 23 February.
"Workstart can Halve Dole Queues," Observer, 1993, 21 March.
"Memorandum on the Workstart Pilots," Proceedings of the Treasury and Civil Service Committee, Fourth Report: The March 1993 Budget, House of Commons, Session 1992-93, London: HMSO, 1993, 65-70.
"How Workstart should Work," Financial Times, 1993, 19 May.
"Labor Market Programs in Sweden: Comment," in Mismatch and Labour Mobility, ed. by Fiorella Padoa Schioppa, Cambridge: Cambridge University Press, 1991, 449-452.
"New Methods of Updating Input-Output Matrices," Economic Systems Research, 1990, 2 (1), 27-37.
"European Unemployment: The Insider-Outsider Explanation and Its Policy Implications," CEPR Bulletin, 1988, 27, June, 3-7.
"Giving 'Outsiders' More Chance Against 'Insiders'" with Assar Lindbeck, Financial Times, 1985, 17 April.
"Policy Target Dynamics in a Global-Model Context," in Global Modelling and the Environment, ed. by G. Bruckmann, New York, Pergamon Press, 1984.
"The Interrelation of Trade and Development in the Decade of the 1980's: a Comment," in Global International Economics Models, ed. by Hickman, New York, North-Holland, 1983.
"Macroeconomic Policy and the Optimal Destruction of Vampires," Journal of Political Economy, 1982, 90(3), June, 647-655.
"Dynamic Environmental Targets and Technological Progress," International Economic Review, 1982, 23(1), February, 61-78.
"Environmental Standards and the Management of CFC Emissions," in The Economics of Managing Chloroflourocarbons, J. Cumberland, J. Hubba and I. Hook, , Washington DC; Resources for the Future, 1982.
"Intertemporal Reversals of Environment and Macroeconomic Policies," in Operational Research in Progress, ed. by G. Feichtinger and P. Kall, Reidel Publishing Company, 1982, 215-225.
"Economic Environmental Policy for Pollution and Regenerable Natural Resources," in Modelling, Planning and Decision in Energy Systems, ed. by M Hamza, Anaheim, Calgary and Zurich, Acta Press, 1979.
Books
Global Economic Solutions 2010/2011, with Alessio Brown.
Global Economic Solutions 2009/2010, with Alessio Brown.
Global Economic Solutions 2008/2009, with Alessio Brown.
The Effects of Globalization on National Labor Markets: Diagnosis and Therapy, ed. with Rainer Winkelmann and Klaus Zimmermann, Berlin: Duncker & Humblot, 2006.
Employment Policy in Transition: The Lessons of German Integration for the Labor Market, ed. with Regina Riphahn and Klaus Zimmermann, Berlin: Springer, 2000.
Innovative Employment Initiatives, ed. with Bernd Marin and Daniele Meulders, Ashgate, 2000.
Societal Cohesion and the Globalising Economy, with W. Michalski, R. Lawrence, H. Lepage, and C. Offe, OECD, 1997.
Economic Policy and Unemployment Dynamics in Europe, ed. with SGB Henry, Washington, D.C.: International Monetary Fund, 1996.
Acquiring Skills: Market Failures, their Symptoms, and Policy Responses, ed. with Alison Booth, Cambridge: Cambridge University Press, 1996.
Unemployment Policy, ed. with Guillermo de la Dehesa, Cambridge: Cambridge University Press, 1996.
Spanish Unemployment: Is There a Solution? with Blanchard, Jimeno, Andres, Bean, Malinvaud, Revenga, Saint-Paul, Solow, Taguas, and Toharia, London: CEPR, 1995.
The Insider-Outsider Theory of Employment and Unemployment, with Assar Lindbeck, Cambridge, Mass.: MIT Press, 1989.
Recently Completed, Unpublished Papers
The Inflation-Unemployment Tradeoff
"An Anatomy of the Phillips Curve," with Marika Karanassou, CEPR DP 3781, IZA DP 635.
"Long-Run Inflation-Unemployment Dynamics," with Marika Karanassou and Hector Sala, CEPR DP 3690, IZA DP 645.
"Return of the Long-Run Phillips Curve," with Liam Graham, CEPR DP 3691, IZA DP 646.
"The Real Effects of Money Growth in Dynamic General Equilibrium," with Liam Graham, ECB WP 412.Employment and Unemployment Dynamics
"Unemployment in the EU: Institutions, Price and Growth," with Hector Sala and Marika Karanassou, CEPR DP 4243, IZA DP 899.
Bargaining
"Wage Determination and the Sources of Bargaining Power," with Paola Manzini, IZA DP 535.
Theory of the Firm
"The Firm as a Pool of Factor Complementarities," with Assar Lindbeck, IZA DP 882.
"The Division of Labor and the Market for Organizations," with Assar Lindbeck, CEPR DP 1825, IZA DP 119.Training, Job Security and Labor Market Activity
"On-the-Job Training and the Effects of Insider Power," with Pilar Diaz-Vazquez, IZA DP 910.
"On-the-Job Training, Job Security and Employment," with Pilar Diaz-Vazquez.
"The Effect of Insider Power on Productivity and Employment," with Pilar Diaz-Vazquez.Public Policy
"Pension Taxes versus Early Retirement Rights," with J. Michael Orszag.
"The Pension Transfer Program," with J. Michael Orszag.
"From Unemployment Benefits to Unemployment Accounts," with J. Michael Orszag.
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